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20121202
20121210
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Search Results 0 to 12 of about 13 (some duplicates have been removed)
KCSMMHZ
Dec 7, 2012 6:00am PST
british law. >>> the asian development bank has raised this year's outlook for five emerging economies. its board members cite strong growth in southeast asia, especially in the philippines and malaysia. the bank's board members revised their estimate from 5.6% in october to 5.9%. the five countries are the philippines, malaysia, indonesia, thailand, and vietnam. the bank official said third-quarter expansion in the philippines was high at 7.1%. they said rising consumption and public investment in malaysia is contributing to the region's growth. the story was different for japan. they lowered their 2012 growth estimate by 0.6 percentage points. they cited a drop in exports stemming from a territorial dispute with china. the bank officials say southeast asian economies are supported by solid domestic demand. they added the countries are relatively unaffected by the debt woes in europe. >>> as if to back up the ad bcs's projection, japan's economy remained out of steam in october. the latest key economic indicator fell for the seventh straight month. the cabinet office says the coincide
KCSMMHZ
Dec 6, 2012 2:30pm PST
gloomy projection for the eurozone. the bank expects the 17-nation economy to contract again in 2013, meaning another year of recession, but there is a glimmer of hope ahead. >> later in 2013, economic activity should gradually recover as global demand strengthens and our accommodative monetary policy stance and significantly improved financial market confidence works its way through the economy. >> the ecb expects muted growth in 2014, and with inflation falling, the bank might be prepared to lower interest rates again next year if it thinks that could help stimulate the battered eurozone economy. >> the latest unemployment figures from france are not encouraging. the french office of -- statistics office says the jobless rate rose to 10.3% in the third quarter of 2012, a 13- year high. youth unemployment remains at a particular problem -- nearly a quarter of adults under the age of 25 are without a job. that is the highest rate since youth unemployment statistics were introduced in 1999. turning to the markets now, that news from the european central bank was not all gloomy. our co
KCSMMHZ
Dec 4, 2012 6:00am PST
to do or turn back the clock and return to the politics of old. >> translator: i will bring the economy out of deflation, correct the high yen, lead economic growth, enrich people's lives, and recover an economy where young people don't have to worry about finding jobs. i'll strengthen social security and will promote the reconstruction of the disaster-hit northeast. we'll aim to take back power by winning a majority along with the new komeito party. >> candidates from the following parties are also running -- tomorrow party, new komeito, restoration party, japanese communist party, your party, social democratic party. new party daichi, people's new party, new party nippon, and new renaissance party. candidates are trying to win one of the 480 seats in the lower house. there are 300 single-seat districts. parties win a number of the other 180 seats depending on how much of the proportional representation vote they capture. 1,294 candidates filed to run in the single-seat constituencies. and 1,001 candidates are running for seats in the proportional representation system. they'll share t
KCSMMHZ
Dec 6, 2012 6:00am PST
. >>> chinese government economists say they expect their economy will grow this year by less than 8%. it would be the first time in 13 years it's dropped below that mark. the government targeted growth of 7.5%. a representative of the chinese academy of social sciences said the economy will grow 7.7%. >> translator: china's exports are slowing because of the european debt crisis and the global economic slow down. >> li said economy bottomed out in the july through september quarter. the country's consumption and industrial output improved in september and october. he predicts growth will rebound next year to about 8.2%. he said increased public investment and more monetary easing would spur the economy. but li called for flexible government policies if the situation in europe gets worse. >>> the new leader of the chooeds communist party is sending out mixed signals. xi jinping says he wants to pursue a peaceful foreign policy. at the same time, china is locked in territorial disputes with japan and several southeast asian nations over islands in the east and south china seas. xi told a group o
KCSMMHZ
Dec 3, 2012 2:00am PST
are a boon to the economy. the potato fields employ 250 workers. the farm even built a mosque for them. the workers earn 50 euros a week -- that's a good wage in egypt. >> look at fresh potatos coming from egypt, at good prices. and we are helping people work here, you are helping people produce here, you are helping the egyptian economy in return. >> but growing potatoes in the desert takes a lot more water than in germany. and transporting the potatoes to europe also consumes a great deal of energy. they're fresh and tasty, but egyptian potatoes pay a high price when it comes to environmental impact. christoph schÄfer is taking on the egyptian competition. he wants to be able to sell his potatoes in the spring,too. >> we're building a potato warehouse so that we can sell our potatoes year-round. that's our current project. we want to store our own potatoes, and then sell them on the market. >> in cairo, wholesalers go to the al um market to buy potatoes. the shish family has been dealing in potatoes for generations. they prefer to sell to russia and europe, where they get top prices
KCSMMHZ
Dec 5, 2012 2:30pm PST
the eurozone confirms weakness. the economy in finland has slipped into a recession during the last quarter. the belgian economy only managed to stagnate. the services sector in the eurozone only managed to slow down its contraction. the transport companies, trade companies, and other companies of the services sector are far from being able to report a change of trend to the positive. no wonder that the stock market in frankfurt did not really get into gear this wednesday. an exception was made by these stocks -- the stocks of nokia. it announced an exclusive deal with china mobile, the world's largest mobile-phone services provider. they have more than 700 million subscribers. >> let's take a quick look at some market numbers. the dax ended the day at about -- up about 1/4 of 1%. euro stoxx 50 closed just a a tad up. -- just a tad up. the dow jones is at 13,076. the euro is trading at 1.3079. >> un generate -- un secretary general ban ki-moon is calling on nations to come to an agreement about how to stop global warming. he made those comments at the climate talks in qatar. and he is tryin
KCSMMHZ
Dec 7, 2012 2:30pm PST
that this is something that more companies might do also next year, especially if the situation of the eurozone economy does not improve. >> let's take a quick look at some market numbers now. the dax ended the day almost 0.25% down. the euro stocks 50 down just a tad. across the atlantic, the dow jones is currently going up about 0.3%, and the euro is trading for $1.2925. >> three former workers at those two banks a huge losses were concealed to avoid a government bailout. the complaints were filed with u.s. regulators, including the securities and exchange commission. >> the three alleged deutsche bank miss valuable to $12 billion in losses during the years 2007 through 2009 at the height of the global financial crisis. deutsche bank says the accusations are wholly unfounded. work has started on a major natural gas pipeline that critics say will deepen europe's dependence on russian gas. president putin was on hand as they began digging for the south stream pipeline. >> to augment supplies already flowing into germany. europe already receives 40% of its natural gas from russia. german investment and
KCSMMHZ
Dec 3, 2012 6:00am PST
when they cast their ballots. we surveyed more than 4,000 voters. 31% say the economy is the most important issue in this campaign. 22% cite social security reform. 13% say energy policy. including the use of nuclear power is their top issue. we also asked voters who they believe is more qualified to be prime minister after the lower house elections. 20% say the leader of the governing democratic party . 20% say the leader of the governing democratic party yoshihiko noda, who is currently prime minister. 25% say the leader of the main opposition liberal democratic party, shinzo abe. 49% say neither. our poll also suggests the approval rating for noda's cabinet has hit a record low of 21%. that's down one percentage point from a survey taken a week ago. the disapproval rating fell by two percentage points to 62%. many of the people we spoke to seemed eager to cast ballots on december 16th. 88% told nhk they would go out to vote. >>> new auto sales in japan fell in november for a third straight month, but the pace of decline was so slow that it was almost flat. industry groups said
KCSMMHZ
Dec 3, 2012 2:30pm PST
quite good. it indicates that the economy in china is expanding again. that means that german companies can hope for new orders from china again, and the markets here can hope for new chinese money to be invested soon into german assets. >> let's take a quick look at some market numbers. the dax ended the day almost 1/2 of 1% up. the euro stoxx 50 closed up at 2582. the dow jones is currently going down about 1/4 of 1%. the euro is trading $1.3660. we turn our attention to syria, where the human cost of the civil war is not limited to loss and destruction inside the country. some half a million summer -- syrians are refugees in neighboring countries. >> for those studying abroad in europe, the anxiety about the safety of their loved ones can beat all consuming -- can be all-consuming. >> this man is torn between remaining where he is and returning to war-ravaged syria. he has been studying medicine in germany for five years and is now doing his residency. he is having trouble concentrating on his professional career. his family can no longer support him financially. that means he spends
KCSMMHZ
Dec 4, 2012 2:30pm PST
been struggling for months now to turn the country's economy around. today, new figures were released showing the number of people out of work is at a new record high. >> some 4.9 million spaniards are currently registered. that's an unemployment rate of some 25%, and many fear the situation is going to get worse before it gets better. >> long queues at the unemployment office had become a familiar sight in spanish cities, and they keep getting longer. the number of jobless rose for a fourth consecutive month in november. almost 500,000 more are out of work compared to a year ago. >> i wish there were more jobs. we are sinking in unemployment. >> i think the bad situation we are in is going to last at least another two years. >> the government, of course, hopes that is not the case, but so far, it has not had any success in bringing down the jobless rate. >> these are obviously very bad numbers. unemployment continues to rise. we work hard every day to try and change that. we are dealing with a crisis. >> critics at home city government's approach of cutting spending is not working. l
KCSMMHZ
Dec 5, 2012 6:00am PST
to consolidate his power by showing dedication. kim has also vowed to develop north korea's economy. >> translator: we must stop on a part of industrial revolution for the new century and make north korea a great economic power. >> there no tangible signs of improvement. the u.n. program said 16 million north koreans or nearly 70% of the population suffer from malnutrition. north korea's relations with the outside world are at a stand still. last february the united states agreed to provide food aid in exchange for being free of the ballistic missile tests. the deal was welcome after the north tested a missile. north korea's leadership has been trying to hold talks with the united states, but officials in washington said they are not ready to accept. china is also applying pressure on its neighbor. arguing that the missile launch could violate u.n. resolutions. nhk world. >> the professor is an expert on the korean peninsula. i spoke with him to get more insight into the korean missile launch. i started with asking him the intention of north korea. >> the mostortant thing for pong i
KCSMMHZ
Dec 7, 2012 5:30pm PST
. the economy was performing reasonably well in the months leading up to the potential fiscal cliff. we saw that in the job numbers for november. we've also seen it in the gdp numbers for the third quarter which rose 2.7% annualized. that doesn't ensure us against a downturn if the fiscal cliff does occur. >>> parliamentary endorsement of the plan will likely pave the way for eindia to push ahead wih more economic reforms. the house vote, lawmakers of a party outside the government helped the governor coalition win 123-109 victory over motion from opposition parties to block retail reform. the lower house rejected opposition to liberalization two days earlier. when the indian government announced the plan in september, it faced strong opposition out of fear that it will make it difficult for smaller retailers to continue in business. one of the government coalition parties left in protest. india is experiencing an economic slowdown this year. its economic growth has been at the 5% level for 3 straight quarters. prime minister sinh intends to reinvigorate the indian economy by easing regulat
Search Results 0 to 12 of about 13 (some duplicates have been removed)